Violation Tracker Individual Record
Company:
Arthur J. Gallagher & Co.
Current Parent Company:
Arthur J. Gallagher & Co.
Penalty:
$27,000,000
Year:
2005
Date:
May 18, 2005
Offense Group:
consumer-protection-related offenses
Primary Offense:
consumer protection violation
Violation Description:
Arthur J. Gallagher & Co. agreed to pay back $27 million to clients in settlement of allegations the insurance brokerage company accepted millions of dollars from insurers in exchange for steering clients toward those favored companies.
Level of Government:
state
Action Type:
agency action
Agency:
Illinois Attorney General
Civil or Criminal Case:
civil
Facility State:
Illinois
Facility City:
Chicago
HQ Country of Parent:
USA
HQ State of Parent:
Illinois
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
insurance
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
